SRS Capital Advisors Inc. Purchases 1,048 Shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

SRS Capital Advisors Inc. increased its position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 122.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,906 shares of the company’s stock after purchasing an additional 1,048 shares during the quarter. SRS Capital Advisors Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $111,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. US Bancorp DE lifted its holdings in iShares U.S. Medical Devices ETF by 2.7% during the 3rd quarter. US Bancorp DE now owns 38,478 shares of the company’s stock valued at $2,279,000 after purchasing an additional 1,024 shares during the last quarter. Stephens Inc. AR raised its position in shares of iShares U.S. Medical Devices ETF by 9.8% in the third quarter. Stephens Inc. AR now owns 9,571 shares of the company’s stock valued at $567,000 after purchasing an additional 857 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of iShares U.S. Medical Devices ETF by 135.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 12,885 shares of the company’s stock worth $763,000 after buying an additional 7,407 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of iShares U.S. Medical Devices ETF by 0.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 119,315 shares of the company’s stock worth $7,066,000 after buying an additional 591 shares during the period. Finally, Avidian Wealth Enterprises LLC acquired a new position in iShares U.S. Medical Devices ETF in the 3rd quarter valued at about $211,000.

iShares U.S. Medical Devices ETF Stock Up 0.5 %

iShares U.S. Medical Devices ETF stock opened at $63.43 on Thursday. The company’s 50-day moving average price is $62.45 and its two-hundred day moving average price is $60.36. The stock has a market cap of $4.99 billion, a P/E ratio of 31.88 and a beta of 0.90. iShares U.S. Medical Devices ETF has a twelve month low of $53.72 and a twelve month high of $65.18.

About iShares U.S. Medical Devices ETF

The iShares U.S. Medical Devices ETF (IHI) is an exchange-traded fund that is based on the DJ US Select \u002F Medical Equipment index, a market-cap-weighted index of manufacturers and distributors of medical devices in the US. IHI was launched on May 1, 2006 and is managed by BlackRock.